The world of cryptocurrency trading can be very exciting, but it can also become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use, even for people with no programming knowledge, and provides many options that will boost your trading to the next level.
Coinrule was established in the year 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency easier by offering an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it is often challenging for investors to stay up with ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their plan of action. This allows traders to place their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can pick from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with signals for trading to help them adapt their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting capabilities. The traders can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use, and the trading strategy to see how many trades were opened and closed, as well as its net profits, the percentage of profit maximum drawdown, as well as the profit ratio. This can be a helpful tool for increasing the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule is a robust tool that will aid you in making the most of the trading strategies you employ.